(ORN, DDIC, MERU, PLUS) Notable Stock by PennyOmega.com

Feb 8th, 2012

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Orion Marine Group, Inc. (NYSE:ORN), a leading heavy civil marine contractor serving the infrastructure sector, announced a contract award of approximately $32 million.

Orion Marine Group was recently awarded a contract for the construction of two new ship docks and three barge docks for a private customer in the Gulf Coast region. The Company will also perform dredging to deepen the existing channel to accommodate larger vessels. Onsite construction of the project is expected to commence in early 2012 and last approximately 14 months.

Orion Marine Group, Inc. provides a broad range of marine construction and specialty services on, over and under the water along the Gulf Coast, the Atlantic Seaboard, the West Coast and the Caribbean Basin and acts as a single source turn-key solution for its customers’ marine contracting needs. Its heavy civil marine construction services include marine transportation facility construction, marine pipeline construction, marine environmental structures, dredging, and specialty services. Its specialty services include salvage, demolition, diving, surveying, towing and underwater inspection, excavation and repair. The Company is headquartered in Houston, Texas and has a 75-year legacy of successful operations.

 

More about ORN at www.orionmarinegroup.com

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DDi Corp. (NASDAQ:DDIC), a leading provider of time-critical, technologically advanced electronic interconnect design, engineering and manufacturing services, announced that it will issue its fourth quarter and full year 2012 earnings release on Wednesday, February 15, 2012, after market close. A conference call with simultaneous webcast to discuss the financial results will be held at 5:00 p.m. ET /2:00 p.m. PT. Participating in the call will be Mikel H. Williams, Chief Executive Officer, and Wayne Slomsky, Interim Chief Financial Officer.

DDi Corp., together with its subsidiaries, provides printed circuit board (PCB) engineering and manufacturing services primarily in North America.

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Meru Networks, Inc. (NASDAQ:MERU), announced its financial results for the quarter and full year ended December 31, 2011. Total revenues for the fourth quarter of 2011 were $23.3 million, up 3% from $22.6 million in the fourth quarter of 2010. Products and services revenues (excluding ratable revenues) for the fourth quarter of 2010 were $23.3 million, up 13% from the $20.5 million reported in the fourth quarter of 2010. Net loss as reported in accordance with U.S. generally accepted accounting principles (GAAP) was $8.2 million for the fourth quarter of 2011, or $0.46 per basic and diluted share, compared to a net loss of $0.9 million, or $0.06 per basic and diluted share, for the same period of 2010. GAAP results for the fourth quarter of 2011 included stockbased compensation expense of $1.6 million, amortization of acquisitionrelated intangibles of $0.1 million and chief executive officer transition costs of $1.1 million. GAAP results for the fourth quarter of 2010 included stockbased compensation expense of $1.2 million. Revenues for the year ended December 31, 2011 were $90.5 million, an increase of 6% from $85.0 million in 2010. Products and services revenues (excluding ratable revenues) for 2011 were $87.2 million, up 18% from the $73.7 million reported in 2010.

Meru Networks, Inc., together with its subsidiaries, provides wireless local area network (LAN) solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

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ePlus inc. (Nasdaq:PLUS) announced financial results for its third quarter ended December 31, 2011. Revenues for the third quarter totaled $272.6 million, an increase of $42.6 million or 18.5%, compared to $230.0 million in the same quarter last fiscal year. Total costs and expenses increased 19.2% to $258.2 million, as compared to $216.7 million the prior year’s quarter. Net earnings increased 15.8% to $8.7 million, or $1.10 per diluted share, as compared to $7.5 million, or $0.89 per diluted share, in the same quarter last fiscal year.

ePlus inc., through its subsidiaries, engages in selling, leasing, financing, and managing information technology (IT) and other assets in the United States.

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